xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Service

Trading center for Hainan international tropical agricultural products inaugurated in Haikou

December 20, 2018


Abstract : The trading center for Hainan international tropical agricultural products was inaugurated in Haikou, capital of south China’s Hainan Province on Tuesday.

HAIKOU, Dec. 20 (Xinhua) -- The trading center for Hainan international tropical agricultural products was inaugurated in Haikou, capital of south China's Hainan Province on Tuesday.

微信图片_20181221163559

On the same day, the Xinhua-HSF natural rubber series price indexes were released, consisting of concentrated emulsion price index, standard rubber (TSR20) price index, mixed rubber(20#)price index, and natural rubber price index.

The series of indexes, compiled jointly by China Economic Information Service (CEIS) of Xinhua News Agency and Hainan State Farms Investment Holdings Group Co., Ltd (HSF), is China's first price index system that integrates rubber production and sales.

The release of such series price indexes is expected to further increase the popularity of Hainan international agricultural products, such as natural rubber, at home and abroad, and expand the international influence of HSF.

Su Huizhi, vice president of CEIS said that the natural rubber series price indexes realize the combination of big data and related industries, which will gradually form a credible value benchmark for natural rubber by collecting and refining large amounts of market data to improve transaction efficiency and credibility.

At present, HSF has made extensive economic and trade cooperation with countries along the Belt and Road routes, including Thailand, Malaysia, Singapore, Cambodia, and Sierra Leone, and become the world's first multinational company with the largest area of rubber planting and trade volume. So far in 2018, its overseas revenue has accounted for more than 80 percent of its total.

Yang Sitao, chairman with HSF said that the trading center for Hainan international tropical agricultural products will continuously improve the trading mechanism, strengthen the construction of digital platform, and optimize the mode of service, so as to introduce more tropical agricultural products from Hainan and overseas countries onto the platform for trading. (Edited by Ma Xin, [email protected] )

Scan the QR code and push it to your mobile phone

Keyword: price Xinhua-index indexes

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial